"I have the services provided by this law group since April’12. And they are not only highly professional, but the lawyers like Jacob Singer bring a common understanding of all problems, and their respectful considerations provide a sincere and sympathetic environment. They are also very easy to reach and none of my concerns was too small to have immediate attention.
Great services – I highly recommend them to everybody.."

- M.J., Brooklyn, NY

"Thank you so much for helping me with my financial situation. I was told by other attorneys that I would have to file bankruptcy and my loans could not be settled otherwise. The $500,000 plus you saved me on my mortgages has lifted a great weight off my shoulders and has enabled me to get back to running my practice and moving forward with my life."

- Dr. J.T., Queens, NY

"RC Law helped me stay in my home. My home had a lot of equity and I was rejected for modification many times before, but they were able to get me a great and affordable modification. Best of all they got my bank to pay most of their fees. Me and my family can't thank them enough for allowing us to hold onto our home...."

- Alex S., Teaneck, NY

Solution: Debt Settlement

Background Debt settlement is one approach to debt reduction whereby the creditor (the bank, credit card company, etc.) agrees to accept a fraction of the amount owed so that our client is able to pay off the entire debt at this reduced amount. We can create a debt settlement plan that will be customized to your individual needs. With debt settlement, our clients make affordable payments into an account that they control. What's more, our experienced legal team has worked with creditors in the past to settle debts at a percentage as low as 10%. What's more, if you are having difficulty with any of your creditors, we can also defend you against a collection action.

Debts We Can Settle 1) Credit Cards: Many of our clients come to us with a substantial amount of credit card that they can no longer afford to pay. Often, they have paid the credit companies more than they originally borrowed in the form of large accumulated interest payments. Clients may also be subject to lawsuits, harassing phone calls, frozen bank accounts and wage garnishment's.

2)Auto- Loans: Very often car loans include extremely high interest rates and a person can be left with a car they don’t want and a loan they must pay off. Even worse are automobile debts that result from excessive and unlawful fees that dealerships will add on after returning or trading in a car.

3) Medical Bills: As many Americans have found out the hard way the cost of receiving medical treatment is extremely expensive. Unfortunately medical bills can pile up rather quickly when times are can be extremely difficult for people. Even payment plans offered by hospitals and doctors offer very little relief.

4) Time Shares: Vacation homes or times shares very often are purchased at time when one is in a good financial position. Unfortunately times have changed a person can be stuck with expensive yearly fees for a vacation property they do not use. The owners of these vacation properties are generally unwilling to allow a debtor to break the contract and will continue to harass them for payment. Even worse these mortgages include extremely high interest rates and hidden fees that are not properly disclosed at the time of purchase.

5) Personal Guarantees: personal guarantee is an unsecured promise from an individual to make loan payments when if a small business is not able to do so. Very often the business will no longer exist but the lender will seek to enforce the personal guarantee to collect their money. These debts can be treated just like any other unsecured debt would be and negotiated through the debt settlement process.

ProcessDebt Settlement: How does it work? Debt settlement is one approach to debt reduction whereby the creditor (the bank, credit card company, etc.) agrees to accept a fraction of the amount owed so that our client is able to pay off the entire debt at this reduced amount. We can create a debt settlement plan that will be customized to your individual needs. With debt settlement, our clients make affordable payments into an account that they control. What's more, our experienced legal team has worked with creditors in the past to settle debts at a percentage as low as 10%.

Applicable Debt ProblemsDebt Reduction / Settlement is a viable solution for the following debt problems:

Personal Guarantee SettlementRESULT: Savings of over $100,000!Our Client owed over $ 112,000.00 on a personal guarantee she made for her business. After relentless negotiations we were able to settle for $12,000. This settlement saved our client over 90% of what she owed. >> Click here to see the settlement letter...

Citibank Credit CardSettlementOur Client owed over nineteen-thousand on her Citibank credit card. We were able to obtain a settlement for her which only required her to pay $3,806. This settlement saved our client over 80% of what she owed. Even better, our client was able to pay the settlement amount over 3 months.>> Click here to see the settlement letter...

AmEx Credit Card SettlementRESULT: Savings of over 88% !!!We reached a settlement with American Express that allowed our client to pay off over thirteen thousand dollars in debt for only $1,600.>> Click here for the settlement letter...

American Express Credit Card SettlementRESULT: Savings of over 83%We reached a settlement with American Express that saved our client over 83% of what he owed on the credit card.>> Click here for the settlement letter...